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Dollar is the indisputable king

News by Simon Kazinsky on 06:44 EST May 29, 2018
The dollar has started another leg up and is strong against absolutely everything.

U.S. jobless claims on the rise

News by Newsroom on 09:25 EST May 24, 2018
The number of first-time claims for U.S. unemployment benefits increased for the second consecutive week according to the Labor Department in a report released on Thursday.

The Euro reverses after Draghi's press conference and threats important long term support

Tech analysis by Simon Kazinsky on 08:32 EST April 26, 2018
EURUSD is at its monthly lows for April trading at 1.264 as Mario Draghi addresses the press at the ECB headquarters following the central bank decision to leave policy unchanged.

Stocks higher and euro unchanged as ECB leaves unchanged the minimum bid rate

News by Newsroom on 07:48 EST April 26, 2018
No change in rates by the European central bank on its latest meeting.

Donald Trump comments on forex markets

News by Allie Longford on 09:08 EST April 16, 2018
The US president tweeted early this morning making a reference to Russia and China maintaining the currencies low to make their products more competitive in the international markets.

Dollar weak after U.S. March retail sales data

News by Allie Longford on 08:59 EST April 16, 2018
The dollar remained at lower levels against a basket of currencies on Monday as US retail sales in March rose after three previous months of declines but failed to dissipate worries about economic growth cooling.

US unemployment claims stable in March

News by Newsroom on 08:30 EST April 12, 2018
230,000 new unemployment claimants in line with expectations


News by Newsroom on 09:11 EST April 11, 2018
The Consumer Price Index slide 0.1 percent last month, the first and largest drop since May 2017, after a 0.2 percent hike in February, the Labor Department said on Wednesday.

Retail traders shooting theirselves on the foot

Tech analysis by Simon Kazinsky on 03:06 EST April 10, 2018
EURUSD is holding above major support at 1.21 provided by both a multi year long term moving average an an ascending trendline that has not been broken for almost one and a half years.

Yo bro', this one weird bitcoin trick ain't gonna work

News by Newsroom on 11:30 EST January 31, 2018
Bitcoin gives back territory and loses, once again, the $10,000 a coin mark on Wednesday trading.

Bitcoin. All aboard, destination the slaughter house

News by Allie Longford on 05:35 EST January 17, 2018
No mercy with Bitcoin enthusiasts as the crypto currencies get hammered just a month after derivates started to trade at the Chicago Exchange.

ISM Manufacturing misses expectations after NFP dissapointment

News by Newsroom on 10:02 EST January 05, 2018
The first ISM manufacturing index of 2018 came at . Expectations and previous reading were at 57.7. Above 50 means sector expansion.

Non Farm Payrolls misses expectation by a big margin

News by Newsroom on 09:01 EST January 05, 2018
The US economy added 148,000 jobs in December.

Dollar ends the year on the wrong foot

Tech analysis by Simon Kazinsky on 10:57 EST December 29, 2017
The dollar is about to give in its major long term support against the Euro as 2017 comes to an end.

Draghi not convinced inflation is picking up

News by Allie Longford on 10:59 EST November 20, 2017
Draghi testified on the European Systemic Risk Board before the European Parliament Economic and Monetary Affairs Committee, in Brussels on Monday afternoon.

Euro lower as the end of the Merkel era looms in the horizon

News by Allie Longford on 09:42 EST November 20, 2017
The Euro trades slightly lower against most of its counterparts at the beginning of the week as trouble emerges in Germany.

Unemployment claims unexpectedly on the rise

News by Newsroom on 10:30 EST November 16, 2017
The number of Americans filing applications for unemployment benefits for first time increased again last week to 249,000 the Labor Department reported on Thursday.

Inflation to emerge soon as producer prices surge most in six years

News by Newsroom on 09:43 EST November 14, 2017
U.S. producer prices rose more than anticipated in October, driven mainly by a surge in the cost of services, leading to the biggest annual increase in wholesale inflation in nearly 6 years.

Gold heads lower

Tech analysis by Simon Kazinsky on 11:26 EST November 07, 2017
Gold continues its descend against the dollar.

Euro zone retail sales at its fastest growth in 2 years

News by Newsroom on 09:34 EST November 07, 2017
Clothes and furniture boost euro zone retail sales in September despite a fall in motor fuel sales, pointing to rising domestic demand as the economy gathers pace.

Eurozone inflation accelerating more than expected

News by Newsroom on 05:59 EST November 06, 2017
Prices at the factory gate hiked 2.9 percent year-over-year in September, after a 2.5 percent increase in August.

US non-farm payroll much worse than anticipated and wages shrink

News by Newsroom on 08:55 EST November 03, 2017
The U.S. economy added 261,000 jobs last month.

Retail sales in Australia at its weakest period in seven years

News by Newsroom on 22:54 EST November 02, 2017
Australian Bureau of Statistics Thursday's data showed retail sales were flat in September, a big surprise to analysts that had expected a bounce of 0.4 percent following an abrupt decline in August.

Initial Jobless Claims just released ahead of ECB Draghi press conference.

News by Newsroom on 08:44 EST Octuber 26, 2017
No surprise as initial jobless claims in the US came at 233,000 in line with expectations.

Live stream - ECB Draghi October press conference

News by Newsroom on 08:16 EST Octuber 26, 2017
ECB Drahi addresses the press after the central bank announced earlier this morning it leaves the minimum bid rate at 0%. The ECB chairman may however announce the start of the plan to gradually remove the stimulus the bank has provided to the EU zone.

ECB leaves rate unchanged

News by Newsroom on 07:45 EST Octuber 26, 2017
The ECB keeps its key interest rate on the main refinancing operations that provide liquidity to the EU banking system at 0.00% as expected.

EURUSD ready to resume its long term decline

Tech analysis by Simon Kazinsky on 14:14 EST Octuber 24, 2017
EURUSD is giving signs that it can't break and hold above 1.20 as had been anticipated.

The Euro remains heavily shorted by retail traders

News by Allie Longford on 20:57 EST Octuber 15, 2017
Retail traders remain aggressively short against the euro at the start of the third week of October.

EURUSD weakness warns of another leg down

Tech analysis by Simon Kazinsky on 12:16 EST Octuber 09, 2017
The pair hit resistance on the moving average that has previously acted as support on the monthly chart and now, as tends to happen, appears to serve as resistance.

FED leaves rate unchanged will normalize its balance sheet in due course

News by Newsroom on 14:07 EST July 26, 2017
Nothing unexpected on the FED statement on Wednesday.